Sweden Country Information

A military power during the 17th century, Sweden has not participated in any war in almost two centuries. An armed neutrality was preserved in both World Wars. Sweden's long-successful economic formula of a capitalist system interlarded with substantial welfare elements was challenged in the 1990s by high unemployment and in 2000-02 by the global economic downturn, but fiscal discipline over the past several years has allowed the country to weather economic vagaries. Sweden joined the EU in 1995, but the public rejected the introduction of the euro in a 2003 referendum.

Geography

Sweden

Location:

Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, Kattegat, and Skagerrak, between Finland and Norway

Geographic coordinates:

62 00 N, 15 00 E

Map references:

Europe

Area:

total: 449,964 sq km land: 410,934 sq km water: 39,030 sq km

Area - comparative:

slightly larger than California

Land boundaries:

total: 2,233 km border countries: Finland 614 km, Norway 1,619 km

Coastline:

3,218 km

Maritime claims:

territorial sea: 12 nm (adjustments made to return a portion of straits to high seas) exclusive economic zone: agreed boundaries or midlines continental shelf: 200-m depth or to the depth of exploitation

Climate:

temperate in south with cold, cloudy winters and cool, partly cloudy summers; subarctic in north

civil law system influenced by customary law; accepts compulsory ICJ jurisdiction with reservations

Suffrage:

18 years of age; universal

Executive branch:

chief of state: King CARL XVI GUSTAF (since 19 September 1973); Heir Apparent Princess VICTORIA Ingrid Alice Desiree, daughter of the monarch (born 14 July 1977) head of government: Prime Minister Fredrik REINFELDT (since 5 October 2006) cabinet: Cabinet appointed by the prime minister elections: the monarchy is hereditary; following legislative elections, the prime minister is elected by the parliament; election last held on 17 September 2006 (next to be held in September 2010) election results: Fredrik REINFELDT elected prime minister with 175 out of 349 votes

Legislative branch:

unicameral Parliament or Riksdag (349 seats; members are elected by popular vote on a proportional representation basis to serve four-year terms) elections: last held on 17 September 2006 (next to be held in September 2010) election results: percent of vote by party - Social Democrats 37.2%, Moderates 27.8%, Center Party 8.3%, Liberal People's Party 8.0%, Christian Democrats 6.9%, Left Party 6.3%, Greens 5.4%; seats by party - Social Democrats 130, Moderates 97, Center Party 29, Liberal People's Party 28, Christian Democrats 24, Left Party 22, Greens 19

Judicial branch:

Supreme Court or Hogsta Domstolen (judges are appointed by the prime minister and the cabinet)

Political parties and leaders:

Center Party [Maud OLOFSSON]; Christian Democratic Party [Goran HAGGLUND]; Environment Party the Greens [no formal leader but party spokespersons are Maria WETTERSTRAND and Peter ERIKSSON]; Left Party or V (formerly Communist) [Lars OHLY]; Liberal People's Party [Jan BJORKLUND]; Moderate Party (conservative) [Fredrik REINFELDT]; Social Democratic Party [Mona SAHLIN]

blue with a golden yellow cross extending to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag)

Economy

Sweden

Economy - overview:

Aided by peace and neutrality for the whole of the 20th century, Sweden has achieved an enviable standard of living under a mixed system of high-tech capitalism and extensive welfare benefits. It has a modern distribution system, excellent internal and external communications, and a skilled labor force. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Privately owned firms account for about 90% of industrial output, of which the engineering sector accounts for 50% of output and exports. Agriculture accounts for only 1% of GDP and 2% of employment. Sweden is in the midst of a sustained economic upswing, boosted by increased domestic demand and strong exports. This and robust finances have offered the center-right government considerable scope to implement its reform program aimed at increasing employment, reducing welfare dependence, and streamlining the state's role in the economy. The govenment plans to sell $31 billion in state assets during the next three years to further stimulate growth and raise revenue to pay down the federal debt. In September 2003, Swedish voters turned down entry into the euro system concerned about the impact on the economy and sovereignty.

19 years of age for compulsory military service; conscript service obligation: 7-15 months (Navy), 8-12 months (Air Force); after completing initial service, soldiers have a reserve commitment until age 47 (2006)